Answer: US Treasury Bonds
Example 18th century bond
To ask:
What makes an investment worth putting your money into? Why? How can a person choose between two different investment options? What should be taken into account? What can you learn from Abigail Adams and her financial decision making?
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Behind the numbers (Business Insider):
“Abigail Adams (1744-1818), wife of John Adams and the First Lady of the United States from 1797 to 1801, is one of the earliest documented female investors in American history, according to Aguilera’s report. A book written by Woody Holton reveals that Abigail was a very successful bond speculator.
Like many families during the Revolutionary War, John spent a lot of time away from his wife. So he asked her to manage his finances and the family farm.
In 1783, John advised Abigail to invest in farmland, according to Holton. However, Abigail decided to ignore her husband’s advice and instead invested in US Treasuries, which gave her much higher returns.”
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Watch the NGPF Virtual PD on March 8 titled Personal Finance on Social Media: Highlighting Women!
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This post Question of the day [Women’s History Month]: Abigail Adams is the earliest documented female investor in US history. What has she invested in?
was original published at “https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-womens-history-month-abigail-adams-is-the-earliest-documented-female-investor-in-us-history-what-did-she-invest-in/”
